The hidden problems in the Isle of Man budget

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Manx Radio hints this morning at the spin in the Isle of Man's budget, saying:

The 2011 Manx budget has outlined the way ahead as the Isle of Man continues to address its considerable economic challenges.

But much of the detail is still to be worked through, including where and how government departments will come up with the savings they are being asked to make.

Rushen MHK Juan Watterson says while the news is good on reducing the shortfall left by the loss of the VAT millions, the public sector pensions liability remains an acute problem.

And that wasn't addressed in Treasury Minister Anne Craine's budget speech

As ever, the devil's in the detail.

The spread sheet works.

No one has worked out how to translate it into action yet.

Which all sounds rather like the ConDems' plans for the UK.